Hindustan Aeronautics (HAL) and Larsen & Toubro (L&T) have signed a memorandum of understanding (MoU) to manufacture the industry-made Polar Satellite Launch Vehicle (PSLV).
The Indian Space Research Organisation (ISRO) has initiated an action plan to get the PSLV production ready through industry, with the Government clearing the proposal.
HAL is Bengaluru based Defence Public Sector Undertakings (DPSU) company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.
